TABLE 8-15 The President of a University Is Concerned That Illicit Drug

question 12

Short Answer

TABLE 8-15
The president of a university is concerned that illicit drug use on campus is higher than the 5% targeted level.A random sample of 250 students from a population of 2,000 revealed that 7 of them had used illicit drugs during the last 12 months.
-Referring to Table 8-15,what is the upper bound of the 90% one-sided confidence interval for the proportion of students who had used illicit drugs during the last 12 months?

---

Definitions:

Nash Equilibrium

A concept in game theory where each player's strategy is optimal, given the strategies of all other players, resulting in a stable outcome where no player has an incentive to deviate.

Simultaneous Move Game

A type of strategic game in which all players make their decisions at the same time without knowledge of the other players' choices.

Efficient

An economy is efficient if all assets are employed in their highest-valued uses.

Lockout

A labor dispute tactic where employers prevent employees from entering the workplace.